First Trust Multi Cap Growth AlphaDEX Fund
FAD
46 hedge funds and large institutions have $88.8M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
11% more capital invested
Capital invested by funds: $80.1M → $88.8M (+$8.69M)
7% more funds holding
Funds holding: 43 → 46 (+3)
1.68% less ownership
Funds ownership: 50.35% → 48.67% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.92M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.18M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$1.73M |
| 4 |
Jane Street
New York
|
+$959K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$732K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.15M |
| 2 |
Goldman Sachs
New York
|
-$3.42M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.09M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$750K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$508K |
FAD Hedge Fund Activity: Q1 2019 in Review
46 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2019, worth a combined $88.8M — up 11% from $80.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAD positions and 1 closed out — a net gain of 3 holders — while 19 added to existing stakes and 15 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $2.92M. The largest seller was Susquehanna International Group, cutting an estimated $8.15M.
- 46 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2019, up from 43 in Q4 2018.
- Funds reported $88.8M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2019, up 11% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2019 and 1 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2019 was Raymond James Financial Services Advisors, an estimated $2.92M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2019 was Susquehanna International Group, an estimated $8.15M sold.
Based on aggregated 13F filings for Q1 2019.